Site icon MyMoneySouq Financial Blog

Critical illness Insurance policies in UAE

Critical illness cover helps an individual in an emergency situation when he/she gets affected by a serious illness which costs the patient a huge amount of money. At that instance, a patient would undergo a lot of mental stress if the funds are insufficient. This cover pays off your bills partially/completely which depends on the cover you opt.

Most of them think about money only after being affected by some disease which is not correct. It is advised to plan for the unanticipated circumstances in advance. Nowadays, critical illness cover is a must for everyone. The changes in the lifestyle and many other aspects including increasing stress levels is leading to dreadful diseases even at a younger age.

Critical illness covers most of the chronic diseases which totally depends on the company you get your insurance with. Here’s a list of a few companies providing Critical illness insurance in UAE.

Check: Affordable Health Insurance in UAE

ADCB Critical Guard Insurance

Features: 

Requirements:

Oman Insurance Company Lifeplus

Features: 

Requirements:

Maybe interested: Various Group Health Insurance Options in UAE

MetLife Critical Care

Features: 

Requirements:

First Gulf Bank Critical Illness

Features: 

Requirements:

Mashreq Critical Illness Insurance

Features: 

Requirements:

RAKCare

Features: 

Requirements:

Also read: How mandatory Health Insurance is in UAE to protect your VISA

Most of us tend to think nothing will happen to us. Being optimistic is good, but at the time of illness, this actually won’t work because at that time financial status worries us more. The best part of critical illness covers is that it is not just for medical bills or treatments. One can use the money for any purpose be it to clear loans, buy a house or car, school fees, start a business etc. It is not restricted for medical purpose. So your critical cover policy wouldn’t go in vain. It is useful in various ways at any point in time.
Exit mobile version